Business – Page 331

The Tokenized Loan Platform aims to modernize small bank lending

Financial technology provider FIS and structured finance platform Intain are rolling out a blockchain-based marketplace built on AVAX$17.12 that enables regional and local banks to securitize and sell loan portfolios directly to institutional investors, the firms told CoinDesk. The Digital Liquidity Gateway, as it’s called, tokenizes loans as non-fungible tokens (NFTs), automates settlement, including with […]

The Tokenized Loan Platform aims to modernize small bank lending Read More »

Bullish (BLSH) Upgraded to Buy ClearStreet as Exchange Gains Market Share, Expands to US

Business / Leave a Comment

ClearStreet analyst Owen Lau upgraded shares of crypto platform Bullish ( BLSH ) to Buy from Hold on Tuesday, pointing to the company’s growing market share and product expansion, although he trimmed his price target from $60 to $57. Lau said Bullish’s share of global crypto spot trading rose from 2.1% in the third quarter

Bullish (BLSH) Upgraded to Buy ClearStreet as Exchange Gains Market Share, Expands to US Read More »

Only the leanest Bitcoin miners will survive, MARA CEO warns

Business / Leave a Comment

Bitcoin BTC$103,056.26 mining industry is entering a difficult period characterized by increasing competition, increasing energy demand and declining profits, according to Fred Thiel, CEO of MARA Holdings (MARA). “Bitcoin mining is a zero-sum game,” Thiel said in an interview with CoinDesk. “As more people add capacity, it becomes harder for everyone else. Margins are compressed

Only the leanest Bitcoin miners will survive, MARA CEO warns Read More »

Brazil’s Central Bank Sets Crypto Rules, Sets Up $7m capital available for companies

Business / Leave a Comment

Brazil’s central bank issued its most sweeping crypto regulations to date, creating a formal licensing scheme for service providers and classifying a wide range of crypto activities as subject to foreign exchange and capital market rules. The framework introduces three resolutions that define how crypto companies must operate in South America’s largest economy, how much

Brazil’s Central Bank Sets Crypto Rules, Sets Up $7m capital available for companies Read More »

Uniswap (UNI) jumps 13.5% as index falls

Business / Leave a Comment

CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3420.49, down 2.1% (-73.11) since 4 PM ET Monday. Two out of 20 assets are trading higher. Leaders: UNI (+13.5%) and BCH (+1.0%). Backlog: NEAR (-5.9%) and ICP (-5.8%).

Uniswap (UNI) jumps 13.5% as index falls Read More »

Ethereum (ETH) Is the ‘Infrastructure’ of Wall Street, Says Ex-BlackRock Exec

Business / Leave a Comment

For Joseph Chalom, Ethereum ETH$3,419.81 is not just another blockchain. It’s the infrastructure he believes Wall Street will ultimately build upon. Chalom, co-CEO of Sharplink and former head of digital assets at BlackRock, says the qualities that financial institutions care about most — trust, security and liquidity — are all present in Ethereum. That’s why

Ethereum (ETH) Is the ‘Infrastructure’ of Wall Street, Says Ex-BlackRock Exec Read More »

Injective Launches Native EVM, Promises Faster, Cheaper DeFi

Business / Leave a Comment

Layer-1 blockchain Injective has rolled out what it calls its most significant upgrade yet: a native Ethereum Virtual Machine (EVM) layer. The upgrade aims to make Injective a go-to platform for developers and institutions by combining Ethereum compatibility with Injective’s existing high-speed infrastructure. The news comes nearly two weeks after Injective started its community buyback

Injective Launches Native EVM, Promises Faster, Cheaper DeFi Read More »

Tie under $1,000. Will it break $970 support?

Business / Leave a Comment

BNB Chain’s native asset, BNB, fell below the closely watched $1,000 level over the past 24-hour period, hitting a low of $974 in a move that marked a shift into bearish territory. The drop came with a surge in trading volume, nearly 88% above its 24-hour average, suggesting large-scale selling, according to CoinDesk Research’s technical

Tie under $1,000. Will it break $970 support? Read More »

Turbo Energy Taps Stellar (XLM), Taurus for Clean Energy Finance

Business / Leave a Comment

Solar energy storage firm Turbo Energy is turning to blockchain to fund clean energy projects using the Stellar (XLM) network, the firm said Tuesday. The Nasdaq-listed company announced a new initiative to tokenize financing for hybrid solar and battery installations through a partnership with Taurus, a Swiss digital asset provider, and the Stellar Development Foundation,

Turbo Energy Taps Stellar (XLM), Taurus for Clean Energy Finance Read More »

A new hyperliquid rival raises fund to $1.5 billion. valuation among $279 billion. trading volume

Business / Leave a Comment

Crypto derivatives startup Lighter has closed a $68 million funding round at a $1.5 billion valuation ahead of its token generation event, backed by high-profile investors including Founders Fund, Ribbit Capital, Haun Ventures and Robinhood Markets, according to a Fortune report. Founded by Vladimir Novakovski, Lighter is a zk-rollup perpetual-futures exchange built on Ethereum that

A new hyperliquid rival raises fund to $1.5 billion. valuation among $279 billion. trading volume Read More »